Last Year,10 Percent of All Teenagers in Greenville Purchased a New

question 105

Multiple Choice

Last year,10 percent of all teenagers in Greenville purchased a new iPhone.This year,a sample of 260 randomly chosen Greenville teenagers showed that 39 had purchased a new iPhone.The test statistic to find out whether the percentage has risen would be

• A)2.687
• B)2.758
• C).0256
• D)2.258

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Definitions:

Parcel

A package or bundle of goods wrapped or packed up; also can refer to an individual plot of land.

Personal Property

Movable items owned by an individual or corporation, as opposed to real property like land or buildings.

Lease Interest

Lease interest typically refers to the financial interest or cost associated with leasing a property or equipment, which includes the rate at which interest is charged on the lease balance.

Life Estate

A legal arrangement where an individual has the right to use a property for their lifetime, but does not own the property outright.